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Exploring different ways to generate passive income
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[QUOTE="Umoh1, post: 323166, member: 99571"] Passive income is money that is earned without direct involvement or active effort. By lending money to others through investments such as bonds, certificates of deposit, or peer-to-peer lending platforms, you can earn interest income. If you own intellectual property such as patents, copyrights, or trademarks, you can earn royalties from licensing your creations to others. Promoting other people's products or services on your website or social media platforms, you can earn a commission on any resulting sales. Owning and renting out cars, bikes, or other vehicles, you can earn passive income. By creating and selling digital products such as e-books, courses, or software, you can earn passive income from sales. [/QUOTE]
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